Corrections Corporation Announces Third Quarter Conference Call on the Internet

November 9, 2000

NASHVILLE, Tenn.--(BUSINES WIRE)--Nov. 10, 2000--Corrections Corporation (NYSE:CXW) will provide an on-line, real-time Web-cast and rebroadcast of its third quarter results conference call to be held on Tuesday, November 14, 2000.

The live broadcast of Corrections Corporation's conference call will be available on-line at www.streetevents.com on November 14, 2000, beginning at 10:30 a.m. (eastern time). The on-line replay will follow immediately and continue for 30 days.

CCA and its affiliated companies are the nation's largest provider of detention and corrections services to governmental agencies. The company is the industry leader in private sector corrections with approximately 68,000 beds in 75 facilities under contract or under development and ownership of 45 facilities in the United States, Puerto Rico and the United Kingdom. CCA's full range of services includes design, construction, ownership, renovation and management of new or existing jails and prisons, as well as long distance inmate transportation services.

CCA has recently completed a series of previously announced restructuring transactions that included, among other things, the merger of the company with its primary tenant. In connection with the merger, the company, formerly known as Prison Realty Trust, Inc., changed its name to Corrections Corporation of America.

CONTACT: Corrections Corporation, Nashville
Susan Hart, 615/263-3104 (Media)
Alex Singal, 615/263-3003 (Investor)